Analysis of Influencing Factors of Economic Development and Growth

Abstract

This article is based on the background of economic development and economic development is an important factor for a country or region to achieve prosperity and sustained growth. With the advancement of globalization and the rapid development of science and technology, economic development has become one of the top priorities for many countries. and reviews 12 literature on the economic development of China and other countries. It provides detailed reviews and suggestions on the ARDL model, multiple linear review model, spatial analysis method, and DSDM model to analyze economic growth factors, economic growth factors in some regions of China and Europe, and economic growth factors in fisheries, coal industry, tertiary industry, and tourism, The conclusion was drawn that Chinas overall economic development prospects are good and there are great opportunities, and the economic specialization of the European Union cannot ensure economic growth. Suggestions were given for the economic development of some industries, environmental economy, and green economy in China.